Ethereum whale opens $11M leveraged bet amid ETH price’s 30% rise potential

ETH price rising to around $2,850 drove the whale’s $11 million leveraged long into $366,000 paper profit.

Key takeaways:

An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag.

ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit.

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